224
224
Jan 11, 2013
01/13
by
WBFF
tv
eye 224
favorite 0
quote 0
congress now faces talks over raising the nation's debt ceiling. ceiling.in annapolis....here is growing concern about what wiil happen... and what it could mean to marylann. repubbicans on capitol hill want maasive cuts to government programs in amount that uncle sam can borrow.but f that happens... ttousaans of federaa employees in maryland could be laid off... and there ould be huge cuts elsewheree (governor) "we are seeing solid signs of economic peccvery in maryland, but all pf that's in jeopardy if the republican members of congress are not able to act with the same sort of balanced approach marrland."the governor will nnm" unveil his budget for the 2214 fiscal year next week. 3 tailgating always sttrts early when yoo are following the purple friday caravan. but this time itts more justified then ver.... instead of aiting until &psunday, the rvenn are challenging the brrncos 4:30. joel d. smith is live in white marsh to see why the different when it comes to the ravens and payton manning. manning.peyton vs. raa lewis last time... 3 3 3 3 ssil
congress now faces talks over raising the nation's debt ceiling. ceiling.in annapolis....here is growing concern about what wiil happen... and what it could mean to marylann. repubbicans on capitol hill want maasive cuts to government programs in amount that uncle sam can borrow.but f that happens... ttousaans of federaa employees in maryland could be laid off... and there ould be huge cuts elsewheree (governor) "we are seeing solid signs of economic peccvery in maryland, but all pf that's...
72
72
Jan 11, 2013
01/13
by
FOXNEWS
tv
eye 72
favorite 0
quote 0
next month, congress will be asked again to raise the debt ceiling. most republicans will oppose that acting for definite spending cuts before more borrowing. does the president care? >> the only viable option here is congress to fulfill -- that congress fulfills its responsibility and ensures that the united states of america pays its bills as it has always paid its bills through the its history. >> bill: just shut up and pay. all right? don't be asking for anything, just pay. it's mr. obama's way or the highway. again, he could use an executive order to ignore the debt ceiling and i will not be surprised if he does. so, what we have here is not a failure to communicate as they once said in the movie cool hand lou. but a president who believes he can do what he wants to do with little accountability. he has already signed executive order changing immigration rules. that was done in the middle of the night. few even know about it if this continues there will be a constitutional crisis in america. unfortunately we the people are slow to understand what
next month, congress will be asked again to raise the debt ceiling. most republicans will oppose that acting for definite spending cuts before more borrowing. does the president care? >> the only viable option here is congress to fulfill -- that congress fulfills its responsibility and ensures that the united states of america pays its bills as it has always paid its bills through the its history. >> bill: just shut up and pay. all right? don't be asking for anything, just pay. it's...
83
83
Jan 11, 2013
01/13
by
FBC
tv
eye 83
favorite 0
quote 0
>> well, i have always voted to raise the debt ceiling. in congress, those of us in the congress, granted him his wish. we never tried to deny him the ability to pay our bills. i want to do it now because this congress, at least this house of representatives would like to see is the default on our obligations. that is why i think the president ought to do it himself. if congress refuses to do so. neil: i don't know about you, you are in this camp, many of your colleagues when president bush was around, they were on the brink a number of times arguing about what he was doing. bringing us ultimately to default. isn't the issue what brings us to this point time and again? fifty some odd time since world war ii? if the underlying spending. it seems like you guys are going through hoops to avoid the underlying problem. and that problem is spending. >> spending may be a problem. but what do we spend the money on? we spend this money to fund two wars that we never paid for. we have never knock on the war and made sacrifices tax wise or otherwise
>> well, i have always voted to raise the debt ceiling. in congress, those of us in the congress, granted him his wish. we never tried to deny him the ability to pay our bills. i want to do it now because this congress, at least this house of representatives would like to see is the default on our obligations. that is why i think the president ought to do it himself. if congress refuses to do so. neil: i don't know about you, you are in this camp, many of your colleagues when president...
69
69
Jan 11, 2013
01/13
by
WUSA
tv
eye 69
favorite 0
quote 0
unless congress raises the debt ceiling. and government agencies are only funded until march unless congress gives them more money, they're essentially out of business. >> the fact is looking at all three of those, we have no idea what the hell is going to happen. >> reporter: the defense secretary is seriously worried. >> this fiscal uncertainty has become a very serious threat to our national security. >> reporter: and fears the pentagon will be forced to make budget cuts -- >> which is to hollow out the defense force of this nation. >> reporter: defense contractors in the washington area solve military problems -- >> ground penetrating radar provides an image into the ground that you can recognize very explosive hazards. >> reporter: this company in virginia makes the device but there's now a company hiring freeze with much new development on hold. >> we're totally in an uncertain place. >> reporter: steve charles is cofounder of this company in mclean. >> we actually are growing. we've expanded. we have continued to grow
unless congress raises the debt ceiling. and government agencies are only funded until march unless congress gives them more money, they're essentially out of business. >> the fact is looking at all three of those, we have no idea what the hell is going to happen. >> reporter: the defense secretary is seriously worried. >> this fiscal uncertainty has become a very serious threat to our national security. >> reporter: and fears the pentagon will be forced to make budget...
150
150
Jan 11, 2013
01/13
by
KRCB
tv
eye 150
favorite 0
quote 0
to raise the nation's debt ceiling. if he can survive that battle, global financial fights will probably seem pretty easy. darren gersh, "n.b.r.," washington. >> susie: also in washington today, new rules to protect consumers from risky home loans. the consumer financial protection bureau says the rules make sure home buyers understand exactly what they're getting into, when they take out a loan. lenders now have to determine the borrower's ability to repay the loan. borrowers will have to prove they have a job, meet a minimum credit score, and can afford a loan's monthly payments and related expenses like property taxes. the rules do away with those so- called "no doc" loans where applicants didn't provide any personal financial information, and caused the mortgage mess in the financial crisis. >> joining us now to talk more about the new mortgage rules, raj adabi, of the consumer protection bureau. raj, key rates are gone, and fewer balloon payments. how do this change the kinds of mortgages people can get now. >> it
to raise the nation's debt ceiling. if he can survive that battle, global financial fights will probably seem pretty easy. darren gersh, "n.b.r.," washington. >> susie: also in washington today, new rules to protect consumers from risky home loans. the consumer financial protection bureau says the rules make sure home buyers understand exactly what they're getting into, when they take out a loan. lenders now have to determine the borrower's ability to repay the loan. borrowers...
94
94
Jan 11, 2013
01/13
by
CSPAN
tv
eye 94
favorite 0
quote 0
the debt ceiling. this is 15 minutes. >> ladies and gentlemen, the president of the united states accompanied by some of tim geithner and sap jack lew. >> men, everybody, please have a seat. a little more than four years ago, i stood with mr. tim geithner and denounced him as my first to my cabinet. we were barely two months into the financial crisis, the stock market have quivered, the housing market had cratered as well, a bank after bank was on the verge of collapse, and worst of all, more than 800,000 americans would lose their jobs in just a bad month. and the bottom was not yet in sight. i cannot blame tim when he told me he was not the right guy for the job. [laughter] extensivet tim's experience with economic policy made him qualified and i knew he could hit the ground running. as chairman of the new york federal reserve, he had just spent several sleepless and chaotic weeks immersed in the complexities of the crisis and had been working closely with his republican predecessor at treasury to sa
the debt ceiling. this is 15 minutes. >> ladies and gentlemen, the president of the united states accompanied by some of tim geithner and sap jack lew. >> men, everybody, please have a seat. a little more than four years ago, i stood with mr. tim geithner and denounced him as my first to my cabinet. we were barely two months into the financial crisis, the stock market have quivered, the housing market had cratered as well, a bank after bank was on the verge of collapse, and worst of...
58
58
Jan 11, 2013
01/13
by
FBC
tv
eye 58
favorite 0
quote 0
gerri: you bring a degree point because the first time we had the debt ceiling issue, which is the one now looming in congress, we saved 2,000 points of the stock market. it did not last, thankfully, but it was scary. it may allow the people uneasy. we will -- will leave be in for the same type of problem if we get right up to that deadline and no agreement? >> yes. yes. and that is why we are all annoyed and hopeful that congress will learn a lesson and not do a test again because all they're doing getting in our way causing a lot of banks and warrior necessarily for the american public and investors or a wide. gerri: a broader question. you're a smart guy and you watch all this stuff. one of the things the we're waiting for, listening tour, s&p, moody's, downgrade are dead again, what will happen? we will be the ramifications? how will that hit individual investor portfolios? >> there is a risk that traditionally when they're is a downgrade of a bond rating the value of the bond goes down as well, which means if you own u.s. government securities you're going to suffer a loss of valu
gerri: you bring a degree point because the first time we had the debt ceiling issue, which is the one now looming in congress, we saved 2,000 points of the stock market. it did not last, thankfully, but it was scary. it may allow the people uneasy. we will -- will leave be in for the same type of problem if we get right up to that deadline and no agreement? >> yes. yes. and that is why we are all annoyed and hopeful that congress will learn a lesson and not do a test again because all...
131
131
Jan 11, 2013
01/13
by
WUSA
tv
eye 131
favorite 0
quote 0
so much of that has to do with the debt ceiling and the debates we've seen in congress. >> slow growth. >> our hands almost. really when you think of it that way. >> very much. >>> still ahead a couple of d.c. city leaders are headed to the white house today. why do you think that is? >> we'll explain right after this. >> plus a group of virginia lawmakers strike an early blow in the fight over the relocation of the fbi headquarters. we'll be right back. ha never encnteredch a bning . until had thshingles. r re of the side sry, visit shinesinfoom like sebody d set a ba of hot chaoal ony neck. hai's somethg youdch a bning . ner wanto encounteochickenpx >>> 5:09 out on the weather terrace. 39 degrees here in northwest but you know with light winds it's really very comfortable. i have the heavy coat on but the novembers are off. it's not a bad cold. that comfortable cold as you call it. we will see the clouds thicken up and this afternoon expecting rain showers around. by lunchtime 48. we'll get to 50 but stay in the upper 40s with the rain showers around for the afternoon and evening hou
so much of that has to do with the debt ceiling and the debates we've seen in congress. >> slow growth. >> our hands almost. really when you think of it that way. >> very much. >>> still ahead a couple of d.c. city leaders are headed to the white house today. why do you think that is? >> we'll explain right after this. >> plus a group of virginia lawmakers strike an early blow in the fight over the relocation of the fbi headquarters. we'll be right back....
713
713
Jan 11, 2013
01/13
by
CURRENT
tv
eye 713
favorite 0
quote 0
don't agree to raise the debt ceiling, the u.s. government will begin defaulting on its obligations, and as we all know republicans are trying to play hardball threatening to let the government go bust. >> we republicans need to be willing to tolerate a temporary partial government shut down. >> do you think that's a good idea? >> yes, i do. i think it's about time. >> jennifer: that has lead democrats to come up with some very unorthodox solutions. one idea is for the president to mint platinum coins. the coins would be turned over to the federal reserve, deposited into the treasury and as you can imagine this platinum coin idea went over like a lead balloon with the right. another plan that is gaining traction is for president obama to issue script -- or ious. coming to us from los angeles committee on taxation and is now a law professor at the university of southern california. he is a very serious fellow. ed, welcome back inside "the war room." i had to say that so that people understanding you were not just pulling wild ideas
don't agree to raise the debt ceiling, the u.s. government will begin defaulting on its obligations, and as we all know republicans are trying to play hardball threatening to let the government go bust. >> we republicans need to be willing to tolerate a temporary partial government shut down. >> do you think that's a good idea? >> yes, i do. i think it's about time. >> jennifer: that has lead democrats to come up with some very unorthodox solutions. one idea is for the...
69
69
Jan 11, 2013
01/13
by
MSNBCW
tv
eye 69
favorite 0
quote 0
the roundtable is set to increase pressure on congress to raise the debt limit, warning that failure to do so will make the markets go haywire. because 2011's debt ceiling showdown was an expensive game of chicken. it's estimated borrowing costs increased by about $1.3 billion in that year alone and a total of $19 billion over the next 2k5ikd. keep in mind in 2011 we didn't even breach the debt ceiling. big business, wall street, the job creators can't afford another round. these reliable republican allies are saying basically, enough is enough. even karl rove seems to have recognized republicans are in a desperate situation. in his latest "wall street journal" column he rewrites history again, claiming republican leaders never said that they were willing to put the country into default. we're seeing what's behind the curtain. the debt ceiling does not give republicans the leverage they claim to have. in fact, even claiming leverage seems to have put them in a worse position. and made the division within their own party clearer than ever. the tea party extremists seem willing to comm
the roundtable is set to increase pressure on congress to raise the debt limit, warning that failure to do so will make the markets go haywire. because 2011's debt ceiling showdown was an expensive game of chicken. it's estimated borrowing costs increased by about $1.3 billion in that year alone and a total of $19 billion over the next 2k5ikd. keep in mind in 2011 we didn't even breach the debt ceiling. big business, wall street, the job creators can't afford another round. these reliable...
193
193
Jan 11, 2013
01/13
by
FOXNEWSW
tv
eye 193
favorite 0
quote 0
congress is going to have to extend the debt ceiling or we default on our debt, and it's cataclysm cataclysmic. i hope and i pray after the inauguration that people reach across the aisle. we're going to have to cut defense. we're going to have to increase the eligibility for entitlements and perhaps cut back on the automatic cost of living increases. we're going to have to do tough things, shared sacrifice and that's going to have to happen and legions of lobbyists surrounding washington in the next couple of weeks, ought to be the folks that ought to be put on the back burner and people, reasonable people on both sides of the aisle are going to have to resolve this. we have to quit spending as much money as we're spending, we all agree, democrats and republicans. the problem is we've got special interest people that don't want, it's not in my back yard. they don't want to have theirs-- >> the people who like this, apparently some blogger he, it was a comment on one blog how this idea got born, but now it's picking up steam in some circles and asking jay carney about it. he didn't endorse it,
congress is going to have to extend the debt ceiling or we default on our debt, and it's cataclysm cataclysmic. i hope and i pray after the inauguration that people reach across the aisle. we're going to have to cut defense. we're going to have to increase the eligibility for entitlements and perhaps cut back on the automatic cost of living increases. we're going to have to do tough things, shared sacrifice and that's going to have to happen and legions of lobbyists surrounding washington in...
110
110
Jan 11, 2013
01/13
by
CSPAN
tv
eye 110
favorite 0
quote 0
against the up -- debt ceiling. my getting ready to rip up voter's card if the debt ceiling is raised without comparable spending cuts. the physical cliff was 41-1. i will not vote again in this country if it comes up to that. guest: do not give up on voting. is one thing -- that is one thing i beg you n
against the up -- debt ceiling. my getting ready to rip up voter's card if the debt ceiling is raised without comparable spending cuts. the physical cliff was 41-1. i will not vote again in this country if it comes up to that. guest: do not give up on voting. is one thing -- that is one thing i beg you n
242
242
Jan 11, 2013
01/13
by
CNBC
tv
eye 242
favorite 0
quote 1
up next why one member of congress is voting to raise the debt ceiling is one of the worst things he's ever done in his life. michael burgess joins us right after this break. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. introducing the all-new 2013 lexus ls f sport. and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, de
up next why one member of congress is voting to raise the debt ceiling is one of the worst things he's ever done in his life. michael burgess joins us right after this break. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. introducing the all-new 2013 lexus ls f sport. and you see the woman you fell in love with. she's everything to you. but your erectile dysfunction - that could be a question of blood...
116
116
Jan 11, 2013
01/13
by
FOXNEWSW
tv
eye 116
favorite 0
quote 0
it doesn't apply to that, but it might apply, little tiny inkling that it might apply to the debt ceiling, but it didn't apply to the tax. >> sean: constitutionally, this is check mate, urge you to talk to your lawyer you probably talk to regularly, article 1, section 7 clearly spending begins in congress. >> it's clear that obamacare was not legal either. and excuse me, everybody sued and winning all the way up and a certain justice that was 100% against it who in order to become a favorite fair-haired boy in washington, went against his own beliefs, okay? >> what does it say about him if he's willing to circumvent the constitution? >> he's doing it and in my opinion for the debt ceiling he's going to use the 14th amendment and circumvent the problem. and i believe that the republicans are going to have a hard time. >> sean: coming up my sit-down with donald trump continues. does he have any regrets about not jumping into the 2012 presidential race? his surprising answer about that, bill maher and miss alabama straight ahead. she knows you like no one else. and you wouldn't have it any o
it doesn't apply to that, but it might apply, little tiny inkling that it might apply to the debt ceiling, but it didn't apply to the tax. >> sean: constitutionally, this is check mate, urge you to talk to your lawyer you probably talk to regularly, article 1, section 7 clearly spending begins in congress. >> it's clear that obamacare was not legal either. and excuse me, everybody sued and winning all the way up and a certain justice that was 100% against it who in order to become a...
202
202
Jan 11, 2013
01/13
by
CSPAN
tv
eye 202
favorite 0
quote 0
debates the raising of the $16.40 trillion debt ceiling. this is 15 minutes. >> ladies and gentlemen, the president of the united states, accompanied by timothy geithner and jacob lew. >> a little more than four years ago i stood with mr. tim geithner, the first nominee to my cabinet. we were two months into the financial crisis. the stock market had cratered. bank after bank was on the verge of collapse. worst of all, more than 800,000 americans would lose their jobs in just that month. at the bottom was probably not yet in sight. i could not blame tim when he told me he was not the right guy for the job. [laughter] but on news that tim's extensive -- but i knew that experience with economic policy made him eminently qualified and i knew he could hit the ground running. as chairman of the federal reserve, he had just spent chaotic weeks emerged in the -- immersed in the crisis and had been working with the treasury to save the financial system. then when the wreckage -- with the wreckage of our economy unstable and still smoldering, i aske
debates the raising of the $16.40 trillion debt ceiling. this is 15 minutes. >> ladies and gentlemen, the president of the united states, accompanied by timothy geithner and jacob lew. >> a little more than four years ago i stood with mr. tim geithner, the first nominee to my cabinet. we were two months into the financial crisis. the stock market had cratered. bank after bank was on the verge of collapse. worst of all, more than 800,000 americans would lose their jobs in just that...
123
123
Jan 11, 2013
01/13
by
CSPAN2
tv
eye 123
favorite 0
quote 0
as i mentioned, congress in the administration are soon to face new critical deadlines around the debt ceiling, sequestration, and the need to fund government operations. these deadlines will mean uncertainty for our economy, our businesses, and for our financial markets at home and abroad. as they address these deadlines, policy makers must seize the opportunity to make real progress in the areas they neglected in the first fiscal cliff. first and foremost, that means controlling deficit spending through common sense, entitlement reform. the last debt ceiling increase was passed in august of 2011. that was a 2.1 trillion dollar commitment. here we are seventeen months later and $2.1 trillion is gone. kaput. and now we need another increase. how much longer can this kind of spending go on without adjustment? as a nation, we must finally face up to the single biggest threat to our economic future, and that is our exploding national debt driven by runway deficit spending, changing demographics, and unsustainable entitlements. if we fail to address this threat, automatic spending will soo
as i mentioned, congress in the administration are soon to face new critical deadlines around the debt ceiling, sequestration, and the need to fund government operations. these deadlines will mean uncertainty for our economy, our businesses, and for our financial markets at home and abroad. as they address these deadlines, policy makers must seize the opportunity to make real progress in the areas they neglected in the first fiscal cliff. first and foremost, that means controlling deficit...
154
154
Jan 11, 2013
01/13
by
CSPAN
tv
eye 154
favorite 0
quote 0
host: what do you think about the idea of using the debt ceiling as a starting point to talk about budgets and spending? guest: there is no question that congress is in a brittle debate at the end of last year over taxes. you have heard the speaker and senator mcconnell said, we are done with that. now, it is time to move to the spending. the debt ceiling, i have always thought the country is not going to not pay its bills. we will not not pay interest on money we have borrowed. is there a point of leverage? that is subject to debate. i think the sequestration and continuing resolution -- the other thing we have is the budget resolution for 2014. you might as well look at them together. there are colliding any way. i would hope that we could get some success of in negotiations to vote now for changes and 30 or 40 years will make a difference. host: john engler joining us until 8:30. talking to us about ceos and taking a look at their thoughts on the budget and federal spending. if you want to join in the conversation, the members will be on your screen. -- the numbers will be on your scree
host: what do you think about the idea of using the debt ceiling as a starting point to talk about budgets and spending? guest: there is no question that congress is in a brittle debate at the end of last year over taxes. you have heard the speaker and senator mcconnell said, we are done with that. now, it is time to move to the spending. the debt ceiling, i have always thought the country is not going to not pay its bills. we will not not pay interest on money we have borrowed. is there a...